Top-Rated StocksTop-RatedNYSE:HWM Howmet Aerospace (HWM) Stock Forecast, Price & News $45.94 -0.41 (-0.88%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$45.67▼$46.5550-Day Range$41.55▼$46.3552-Week Range$29.84▼$46.67Volume1.93 million shsAverage Volume2.42 million shsMarket Capitalization$18.99 billionP/E Ratio39.95Dividend Yield0.35%Price Target$47.91 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Howmet Aerospace MarketRank™ ForecastAnalyst RatingModerate Buy2.89 Rating ScoreUpside/Downside4.3% Upside$47.91 Price TargetShort InterestHealthy1.04% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-3.80Upright™ Environmental ScoreNews Sentiment0.72Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth24.26%From $1.69 to $2.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.83 out of 5 starsConstruction Sector77th out of 98 stocksRolling, Drawing, & Extruding Of Nonferrous Metals Industry3rd out of 7 stocks 1.4 Analyst's Opinion Consensus RatingHowmet Aerospace has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.91, Howmet Aerospace has a forecasted upside of 4.3% from its current price of $45.94.Amount of Analyst CoverageHowmet Aerospace has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.04% of the float of Howmet Aerospace has been sold short.Short Interest Ratio / Days to CoverHowmet Aerospace has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Howmet Aerospace has recently increased by 0.24%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldHowmet Aerospace has a dividend yield of 0.35%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthHowmet Aerospace has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Howmet Aerospace is 13.91%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Howmet Aerospace will have a dividend payout ratio of 7.62% next year. This indicates that Howmet Aerospace will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHowmet Aerospace has received a -209.81% net impact score from Upright. The largest negative impact of Howmet Aerospace in category "GHG emissions" seems to be driven mostly by its "Aluminium car wheels", "Military aircraft fuselages", and "Engine parts" products. See details.Environmental SustainabilityThe Environmental Impact score for Howmet Aerospace is -3.80. Previous Next 2.6 News and Social Media Coverage News SentimentHowmet Aerospace has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Howmet Aerospace this week, compared to 5 articles on an average week.Search Interest4 people have searched for HWM on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows5 people have added Howmet Aerospace to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Howmet Aerospace insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.23% of the stock of Howmet Aerospace is held by insiders.Percentage Held by Institutions91.49% of the stock of Howmet Aerospace is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Howmet Aerospace are expected to grow by 24.26% in the coming year, from $1.69 to $2.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Howmet Aerospace is 39.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Howmet Aerospace is 39.95, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 12.58.Price to Earnings Growth RatioHowmet Aerospace has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHowmet Aerospace has a P/B Ratio of 5.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Howmet Aerospace (NYSE:HWM) StockHowmet Aerospace, Inc. engages in provision of engineered solutions for the aerospace and transportation industries. It operates through the following segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment produces investment castings, including airfoils, and seamless rolled rings primarily for aircraft engines (aerospace commercial and defense) and industrial gas turbines. The Fastening Systems segment is involved in the production of aerospace fastening systems, as well as commercial transportation fasteners. The Engineered Structures segment includes titanium ingots and mill products for aerospace and defense applications and is vertically integrated to produce titanium forgings, extrusions forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment provides forged aluminum wheels and related products for heavy-duty trucks, trailers, and buses globally. The company was founded in 1888 and is headquartered in Pittsburgh, PA.Read More Receive HWM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Howmet Aerospace and its competitors with MarketBeat's FREE daily newsletter. Email Address HWM Stock News HeadlinesJune 9, 2023 | americanbankingnews.comHowmet Aerospace (NYSE:HWM) Hits New 1-Year High at $46.08June 1, 2023 | finance.yahoo.comHowmet (HWM) Down 4.4% Since Last Earnings Report: Can It Rebound?June 10, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 31, 2023 | finance.yahoo.comGreat Lakes (GLDD) Wins $157M Freeport Dredging ContractMay 26, 2023 | finance.yahoo.comActivist Billionaire Paul Singer 2023 Portfolio: Top 10 Stock PicksMay 19, 2023 | americanbankingnews.comHowmet Aerospace Inc. (NYSE:HWM) Receives $47.91 Average Price Target from BrokeragesMay 11, 2023 | msn.comHowmet Aerospace: Hard To Invest At 24x P/EMay 11, 2023 | americanbankingnews.comHowmet Aerospace (NYSE:HWM) PT Raised to $52.00June 10, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 10, 2023 | marketwatch.comHowmet Aerospace Inc. stock falls Wednesday, underperforms marketMay 9, 2023 | msn.comBarclays Maintains Howmet Aerospace (HWM) Overweight RecommendationMay 9, 2023 | markets.businessinsider.comHowmet Aerospace (HWM) Gets a Buy from BarclaysMay 9, 2023 | americanbankingnews.comBarclays Raises Howmet Aerospace (NYSE:HWM) Price Target to $52.00May 5, 2023 | msn.comHowmet Aerospace Earnings Perspective: Return On Invested CapitalMay 5, 2023 | finance.yahoo.comWhy Arconic Stock Zoomed This WeekMay 5, 2023 | americanbankingnews.comHowmet Aerospace (NYSE:HWM) Issues FY23 Earnings GuidanceMay 5, 2023 | americanbankingnews.comHowmet Aerospace Inc. Forecasted to Earn FY2023 Earnings of $1.70 Per Share (NYSE:HWM)May 4, 2023 | msn.comWells Fargo Maintains Howmet Aerospace (HWM) Overweight RecommendationMay 4, 2023 | finance.yahoo.comThese Stocks Are Moving the Most Today: PacWest, First Horizon, Arconic, Shopify, Paramount, Peloton, and MoreMay 4, 2023 | reuters.comApollo to acquire aerospace industry supplier Arconic in $5.2 bln dealMay 4, 2023 | americanbankingnews.comKeyCorp Analysts Increase Earnings Estimates for Howmet Aerospace Inc. (NYSE:HWM)May 4, 2023 | americanbankingnews.comHowmet Aerospace (NYSE:HWM) Given New $42.00 Price Target at Truist FinancialMay 3, 2023 | finance.yahoo.comApollo Global-Led Group Nears Deal to Buy ArconicMay 3, 2023 | msn.comMorgan Stanley Maintains Howmet Aerospace (HWM) Overweight RecommendationMay 3, 2023 | msn.comTruist Securities Maintains Howmet Aerospace (HWM) Hold RecommendationMay 3, 2023 | finance.yahoo.comQ1 2023 Howmet Aerospace Inc Earnings CallMay 3, 2023 | americanbankingnews.comHowmet Aerospace (NYSE:HWM) Hits New 52-Week High at $44.85See More Headlines HWM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HWM Company Calendar Last Earnings5/02/2023Ex-Dividend for 5/25 Dividend5/04/2023Dividend Payable5/25/2023Today6/10/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Rolling, drawing, & extruding of nonferrous metals Sub-IndustryN/A SectorConstruction Current SymbolNYSE:HWM CUSIPN/A CIK4281 Webwww.howmet.com Phone(412) 553-4545Fax412-553-4498Employees21,400Year FoundedN/APrice Target and Rating Average Stock Price Forecast$47.91 High Stock Price Forecast$52.00 Low Stock Price Forecast$42.00 Forecasted Upside/Downside+4.3%Consensus RatingModerate Buy Rating Score (0-4)2.89 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.15 Trailing P/E Ratio39.95 Forward P/E Ratio27.18 P/E Growth1.64Net Income$469 million Net Margins8.18% Pretax Margin11.02% Return on Equity18.39% Return on Assets6.30% Debt Debt-to-Equity Ratio1.08 Current Ratio2.18 Quick Ratio0.99 Sales & Book Value Annual Sales$5.94 billion Price / Sales3.20 Cash Flow$2.06 per share Price / Cash Flow22.26 Book Value$8.57 per share Price / Book5.36Miscellaneous Outstanding Shares413,291,000Free Float408,208,000Market Cap$18.99 billion OptionableOptionable Beta1.44 Key ExecutivesJohn C. PlantExecutive Chairman & Chief Executive OfficerKenneth J. GiacobbeChief Financial Officer & Executive Vice PresidentRaymond J. KilmerChief Technology Officer & Executive VPLola F. LinSecretary, Chief Legal & Compliance OfficerNeil Edward MarchukChief Human Resources Officer & Executive VPKey CompetitorsNVRNYSE:NVRRollinsNYSE:ROLWeyerhaeuserNYSE:WYPulteGroupNYSE:PHMWatscoNYSE:WSOView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 1,545,570 shares on 6/1/2023Ownership: 0.381%ProShare Advisors LLCSold 3,353 shares on 5/26/2023Ownership: 0.026%Toroso Investments LLCBought 5,950 shares on 5/23/2023Ownership: 0.001%Ameriprise Financial Inc.Sold 274,470 shares on 5/22/2023Ownership: 0.647%JPMorgan Chase & Co.Sold 156,438 shares on 5/18/2023Ownership: 1.075%View All Insider TransactionsView All Institutional Transactions HWM Stock - Frequently Asked Questions Should I buy or sell Howmet Aerospace stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Howmet Aerospace in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HWM shares. View HWM analyst ratings or view top-rated stocks. What is Howmet Aerospace's stock price forecast for 2023? 9 Wall Street analysts have issued 1 year price targets for Howmet Aerospace's shares. Their HWM share price forecasts range from $42.00 to $52.00. On average, they anticipate the company's share price to reach $47.91 in the next year. This suggests a possible upside of 4.3% from the stock's current price. View analysts price targets for HWM or view top-rated stocks among Wall Street analysts. How have HWM shares performed in 2023? Howmet Aerospace's stock was trading at $39.41 at the beginning of the year. Since then, HWM shares have increased by 16.6% and is now trading at $45.94. View the best growth stocks for 2023 here. Are investors shorting Howmet Aerospace? Howmet Aerospace saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 4,220,000 shares, a drop of 6.8% from the April 15th total of 4,530,000 shares. Based on an average daily trading volume, of 3,370,000 shares, the short-interest ratio is presently 1.3 days. Currently, 1.0% of the shares of the company are short sold. View Howmet Aerospace's Short Interest. When is Howmet Aerospace's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our HWM earnings forecast. How were Howmet Aerospace's earnings last quarter? Howmet Aerospace Inc. (NYSE:HWM) released its earnings results on Tuesday, May, 2nd. The company reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.04. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.49 billion. Howmet Aerospace had a trailing twelve-month return on equity of 18.39% and a net margin of 8.18%. The company's revenue for the quarter was up 21.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.31 earnings per share. How often does Howmet Aerospace pay dividends? What is the dividend yield for Howmet Aerospace? Howmet Aerospace declared a quarterly dividend on Friday, April 21st. Investors of record on Friday, May 5th will be paid a dividend of $0.04 per share on Thursday, May 25th. This represents a $0.16 annualized dividend and a yield of 0.35%. The ex-dividend date is Thursday, May 4th. Read our dividend analysis for HWM. What ETFs hold Howmet Aerospace's stock? ETFs with the largest weight of Howmet Aerospace (NYSE:HWM) stock in their portfolio include iShares U.S. Aerospace & Defense ETF (ITA), SPDR S&P Aerospace & Defense ETF (XAR), First Trust Indxx Aerospace & Defense ETF (MISL), Invesco Aerospace & Defense ETF (PPA), Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN), Profound Medical (PRN), WisdomTree U.S. Growth & Momentum Fund (WGRO) and Global X U.S. Infrastructure Development ETF (PAVE). Is Howmet Aerospace a good dividend stock? Howmet Aerospace (NYSE:HWM) pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.35%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HWM will have a dividend payout ratio of 7.62% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HWM. What guidance has Howmet Aerospace issued on next quarter's earnings? Howmet Aerospace issued an update on its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $0.41-$0.43 for the period, compared to the consensus EPS estimate of $0.40. The company issued revenue guidance of $1.60 billion-$1.62 billion, compared to the consensus revenue estimate of $1.52 billion. What other stocks do shareholders of Howmet Aerospace own? Based on aggregate information from My MarketBeat watchlists, some companies that other Howmet Aerospace investors own include Arconic (ARNC), AT&T (T), Alcoa (AA), General Electric (GE), Intel (INTC), Boeing (BA), Bank of America (BAC), Cisco Systems (CSCO), CVS Health (CVS) and Chevron (CVX). What is Howmet Aerospace's stock symbol? Howmet Aerospace trades on the New York Stock Exchange (NYSE) under the ticker symbol "HWM." Who are Howmet Aerospace's major shareholders? Howmet Aerospace's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.02%), Boston Partners (4.41%), State Street Corp (3.98%), FMR LLC (2.75%), Orbis Allan Gray Ltd (2.34%) and Geode Capital Management LLC (1.89%). Insiders that own company stock include Barbara Lou Shultz, Ken Giacobbe and Neil Edward Marchuk. View institutional ownership trends. How do I buy shares of Howmet Aerospace? Shares of HWM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Howmet Aerospace's stock price today? One share of HWM stock can currently be purchased for approximately $45.94. How much money does Howmet Aerospace make? Howmet Aerospace (NYSE:HWM) has a market capitalization of $18.99 billion and generates $5.94 billion in revenue each year. The company earns $469 million in net income (profit) each year or $1.15 on an earnings per share basis. How many employees does Howmet Aerospace have? The company employs 21,400 workers across the globe. How can I contact Howmet Aerospace? Howmet Aerospace's mailing address is 201 ISABELLA STREET SUITE 200, PITTSBURGH PA, 15212-5872. The official website for the company is www.howmet.com. The company can be reached via phone at (412) 553-4545, via email at paul.luther@howmet.com, or via fax at 412-553-4498. This page (NYSE:HWM) was last updated on 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Howmet Aerospace Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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